The report says Madrid opposed the idea of selling stakes in future competition revenues, arguing that major international tournaments should not be treated simply as assets for a limited group to trade. It also says the club pointed to the costs and risks borne by clubs as a reason they should have a say in decisions that affect football’s finances.
That position aligns Madrid with opponents of the reported Fifa proposal, even as the club has clashed with football authorities on other issues. The report says the plan was abandoned after resistance from across European football. If accurate, that opposition shows how difficult it can be to secure broad support for changes to the ownership of football’s most valuable commercial rights.
Madrid has made a similar argument in Spain. The report links its criticism of Fifa’s proposal to the club’s longstanding opposition to La Liga’s agreement with CVC, which it says involved 8.2% of broadcasting and sponsorship income through 2071. Madrid did not join the deal and later challenged it in court.
The comparison gives the club’s latest intervention a familiar edge: Madrid is presenting both disputes as questions of who benefits from future revenues, and who bears the consequences of selling them in advance. That is a sharper case than simply objecting to one particular deal.
The next point to watch is whether football’s governing bodies return with a revised commercial plan, and whether clubs can agree on rules for future revenue sales. Madrid’s stance suggests it will continue to scrutinise any arrangement that commits competition income far into the future.